ThoughtSpotrevenue, valuation & funding
Business Intelligence SoftwareMountain View, CaliforniaFounded 2012CEO Ketan Karkhanis
ThoughtSpot is a software company that provides a search and AI-driven analytics platform for business intelligence and data analytics. The company was founded in 2012 and is headquartered in Sunnyvale, California.
ThoughtSpot revenue & ARR
ThoughtSpot's annual recurring revenue was $150M in 2023 (thoughtspot.com), the most recent figure on record. That is up 53% from $98M a year earlier.
All 6 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Aug 2019 | $36M | – |
| Feb 2020 | $100M | TechCrunch |
| Dec 2020 | $75M | – |
| Nov 2021 | $98M | – |
| Nov 2022 | $154.5M | – |
| 2023 | $150M | thoughtspot.com |
– source not recorded
ThoughtSpot valuation
ThoughtSpot is privately held, so there is no ThoughtSpot stock to buy. Investors valued it at $4.2B in its November 2021 Series F.
Valuation history$4.2B Series F 2021$4.2B Series F 2021$1.7B Series E 2019$855M Series D 2018
ThoughtSpot funding rounds & investors
ThoughtSpot has raised $663.7M across eight rounds since 2012. The latest was a $100M Series F in November 2021.
| Date | Round | Raised | Valuation |
|---|---|---|---|
| Nov 2021 | Series F | $100M | $4.2B |
| Mar 2021 | Venture | $20M | – |
| Aug 2019 | Series E | $248M | $1.7B |
| May 2018 | Series D | $145M | $855M |
| Aug 2017 | Series C | $60M | – |
| May 2016 | Series C | $50M | – |
| Jun 2014 | Series B | $30M | – |
| Jun 2012 | Funding round | $10.7M | – |
| Total raised | $663.7M |
ThoughtSpot competitors
ThoughtSpot competes most directly with Strategy Software and Sisense.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
 Strategy Software | $477.2M | $3.1B | 2,252 | – | 1989 |
| ThoughtSpot | $150M | $663.7M | 1,699 | 1K | 2012 |
 Sisense | $140M | $269.5M | 598 | 2K | 2004 |
ThoughtSpot CEO, founders & employees
Amit Prakash and Ajeet Singh founded ThoughtSpot in 2012. Ketan Karkhanis is CEO. ThoughtSpot has 1,699 employees (November 2025, LinkedIn).
- Amit PrakashCo-founder, CTO
- Ajeet SinghCo-founder and Executive Chairman
- ภควัต นันทเกิดChief Executive Officer
- Cindi HowsonChief Data Strategy Officer
- Jeff DepaChief Revenue Officer (CRO)
InvestorsHeli Diogo Dourado, Matt Oguz
Also at ThoughtSpotMonica Mendoza, Ashvin Bachireddy, Jake Rehmann, Manish agarwal, Aditya Mittal, Leighton Bellamore, Vatsal Uttarwar, Anna Lee, Andrew Waddington, Conner Bowcott, Paul Way, Brenna Julianus, Christopher Tsang, Sumeet Arora, Bob Baxley, Adam Smith, Patrick Evans, Lynda Talintyre, Anthony Le, Alaina Lamberson, Eddie A. Tejeda, Alex Venker, Luke Baghdadi, Kuntal Vahalia, Adam Watkins, Tim Krings, Dawn Williams, Hema Magesh, Anthony Lee-Masis, Argin W., Mark Hill-Smith, Derek Power, Daniel Do, Katrina McCormick, James Pritchard, Pankaj Kulkarni, Kazuyo Yamashita, Divyam L., Brian Reynolds, John Colson, Wesley Forsyth, Rajesh K., Kumar Gaurav, Devarajan Mukkai Ramachandran, Aniruddha Vishnupurikar, Peter Kerr, Aron Giuseppe Ionfrida, Greg Womack, Rajeswari Marimuthu, Konrad Eberlein, Ben Gill, Anirudh Paliye, Bharathram Gunasekaran, Kieran Kenny, James Smith, Ari Iventosch, Nickie Wing, Patrick Gannon, Nandita Ghosh, Pei Hsiang Vuong, Ryan Harter, Rachel (Fagut) Borger, Daxesh Patwa, Harshawardhan Joshi, Jordan Suffin, Srinivasa Reddy Pulagam, Mayank Sinha, Ankit Choudhary, Anuranjan Yadav, Stuart Rees, Jon LaPorte, Balma Nguyen, Luke Slater, steve stojanovich, Kei Kuroi, Sunil Gupta, Ahmed Quadri, Sean Alpert, Yateesh Sahu, Brad Terrell, DEEPAK SHARMA, Smitha SR, Gary Dowler, Nathaniel Hamby, Luisa Triana, Ani S., Vikram Bhardwaj, Jasmeet Jaggi, Julia Brychzy, Ashutosh Kulkarni, Shashank Mehra, Ricky Patel
All 9 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Nov 2025 | 1,699 | |
| Mar 2024 | 1,510 | Latka Top 250 List |
| Nov 2023 | 1,471 | – |
| Nov 2022 | 1,077 | – |
| Nov 2021 | 683 | – |
| Dec 2020 | 569 | – |
| Nov 2020 | 569 | – |
| Aug 2019 | 500 | – |
| May 2018 | 347 | – |
ThoughtSpot FAQ
What is ThoughtSpot's revenue?
ThoughtSpot's annual recurring revenue was $150M in 2023, according to thoughtspot.com. No later figure is on record.
What is ThoughtSpot's valuation?
Investors valued ThoughtSpot at $4.2B in its November 2021 Series F.
How much funding has ThoughtSpot raised?
ThoughtSpot has raised $663.7M across eight funding rounds. The latest was a $100M Series F in November 2021.
Who owns ThoughtSpot?
ThoughtSpot is privately held. Its lead investors include new investor March Capital.
How many employees does ThoughtSpot have?
ThoughtSpot has 1,699 employees as of November 2025, according to LinkedIn.
Who is the CEO of ThoughtSpot?
Ketan Karkhanis is the CEO of ThoughtSpot.
Who founded ThoughtSpot?
Amit Prakash and Ajeet Singh founded ThoughtSpot in 2012.
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How this page is sourced
4 from public sources. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Oct 7, 2026Data disclaimerReport a correctionClaim this profileRun ThoughtSpot? Join the podcast